Vanare Taps Tech Industry Veteran as Head of Product

NEW YORK, July 19, 2016 — Vanare, an innovative wealth management technology platform with a highly customizable white-labeled Roboadvisor called NestEgg, has appointed Ken Manning to the position of head of product, as of July 1. Manning has spent the past 20 years in the tech industry as a product strategist and operational executive. Most recently, he was managing director of Reimagine, a mobile design company that built innovative technology for Leo Messi, Moov, Apartments.com, Ticketmaster, and others.

“As an executive and product guy, Ken helped start Razorfish, eMachines, Acer Online, Soundtracker, and one of the original digital incubators,” said Rich Cancro, founder and CEO of Vanare. “We are excited to bring his creativity, experience and unique insights to the team. Ken will be working closely with Vladimir Baranov, our chief technology officer, on our journey to help financial firms and advisors digitize the wealth management industry.”

Manning is also an advisor and/or investor to numerous market changing startups, including Monday Envelope, weshelter.org, and Carbon Fitness. Previously, Ken led teams on hundreds of mission critical implementations for eBay, Intel, McKinsey, Hilti, Cisco, Microsoft, the W.H.O, and many others.

“This is an exciting time in fintech,” said Manning. “There are huge untapped market opportunities. Most firms now realize they need to modernize their operations and client interactions in order to stay competitive. Vanare is a very well positioned company to provide these solutions.”

Manning has taken over the product development duties from Vanare’s COO, Lex Sokolin, who will be stepping away from his day-to-day role at Vanare to focus on global research that will advance thinking and innovation within the financial services industry. Sokolin will continue to serve as an active member of Vanare’s board of directors and participate in the ongoing strategic guidance and vision for the company.

“I am thrilled that Ken has joined our team,” said Lex Sokolin, “He has a proven track record of success in both bringing new technologies to market and leading an innovative organization. These are core values to the Vanare brand. Ken has already taken over my operational duties, and he will maintain Vanare’s commitment to empowering advisors with technology to grow their businesses and expand their services to existing and future clients. With Ken’s deep experience in product management, Vanare will continue to combine user experience, design and innovation with institutional wealth management. The vision created over the past several years by Vanare’s founder and CEO Rich Cancro will thrive under the direction of our talented team.”

ABOUT VANARE

Vanare is a next-generation wealth management platform built on Roboadvisor DNA. With the acquisition of NestEgg Wealth in late 2014, Vanare launched the first-ever fully integrated online and traditional wealth management solution, which seamlessly includes a customizable roboadvisor option, along with prospect and client management, including client reporting, and flexibility across workflows, data and usability. With Vanare, advisors can build client relationships through both traditional face-to-face advice, as well as a completely digital, low-touch interaction. Founded by a team of experienced, creative financial and technology executives, Vanare continues to develop next generation enhancements ensuring the most powerful and scalable platform for the financial services community. To learn more, visit www.vanare.com. Follow @vanareplatform on Twitter.

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